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Pacific DeFi price today is $0.00313290 with a 24-hour trading volume of $864. PACIFIC price is down -2.5% in the last 24 hours. It has a circulating supply of 49 Million PACIFIC coins and a total supply of 100 Million. If you are looking to buy or sell Pacific DeFi, PancakeSwap (v2) is currently the most active exchange.
Pacific DeFi creates secure and easy-to-use yield enhancing vaults on different blockchains.
What is Pacific DeFi?
Pacific DeFi aims to create a new financial ecosystem that unifies the current scattered DeFi landscape. The platform provides highly secure yield enhancement products for stablecoins and altcoins, offering users the ability to earn high risk-adjusted returns by depositing single tokens into its vaults.
The platform will initially operate on the Binance Smart Chain Network (BSC), designed to take on mass crypto adoption among retail users with the following in mind:
A complete DeFi ecosystem
Simple UX/UI
Built initially on the BSC for speed and efficiency
The product suite includes single-token yield-enhancement stablecoin and non-stablecoin vaults, lending & borrowing, leveraged vaults, and a launchpad for users to gain access to the best DeFi projects.To provide the features above, Pacific DeFi will offer a universally usable wallet, token swap platform, and interoperability across different blockchain networks.What makes Pacific DeFi Unique?
Pacific DeFi utilises high-grade protocols to extract yield from the market. There now exists several projects in DeFi that can provide high levels of diversification for single-token high-yield vaults to be feasible.Pacific DeFi aims to reduce user gas costs by pooling deposits together, allowing users to simply supply one single token of their choice to a vault instead of traditionally having to supply two tokens.Each vault then automatically diversifies across highly secure protocols, all the while allowing for leverage to enhance returns.The platform also helps lenders earn high returns on their crypto deposits, offering borrowers undercollateralized loans for leveraged vault positions to extract higher yields.Pacific DeFi deepens the liquidity of protocols and DEXs, improving the capital efficiency of the DeFi market and connecting capital providers to borrowers in an effective manner.Who Are the Founders of Pacific DeFi?
Pacific DeFi was founded by 3 investment professionals from Hong Kong who share the vision of democratizing finance for everyone.
The team has over 40 years of combined investment experience and has worked for several reputable financial institutions.
PACIFIC is the native utility token that is used for:
Trading: Trading fees are generated when users swap between tokens via Pacific DeFi’s Swap & Trade function
Staking: Stake $PACIFIC to receive ecosystem rewards in $PACIFIC tokens during the minting period of 1-year
High-Yield Vaults: Single token staking vaults that rely on vault aggregation strategies to generate yield. It is a fixed-income product that allows users to earn high-yields on stablecoins and popular cryptos
Lending and Borrowing: Users can earn high-yields via lending out their cryptos to the High-Yield Vault participants. This enables the High-Yield Vaults to magnify returns by leveraging lender funds
Buyback & Burns: PACIFIC tokens will continuously be bought back and burned from fees generated via the protocol. This effectively reduces token supply over time, increasing the value of the PACIFIC token long-term
Governance & Token Holder Rights: Token holders will have the power to vote on key platform decisions. This includes product creation, implementation, and strategySocials: * Website: www.pacific-defi.com